$200 billion in frozen Russian assets could help rebuild Ukraine. Europe is trying to figure out how

in news •  last year 

"Russian assets frozen in European accounts could generate billions of dollars a year for rebuilding Ukraine. But can that money be used without breaching international law or damaging the euro’s international standing?

European Union leaders grappled with that question at a meeting of the European Council in Brussels Thursday.

“The European Council took stock of the work done regarding Russia’s immobilized assets,” the leaders said in a statement after the meeting, adding that they would continue to work on the issue “in accordance with EU and international law, and in coordination with partners.”

The World Bank estimates Ukraine will need at least $411 billion to repair the damage caused by the war. And the EU and its allies are determined to make Russia foot part of the bill."
https://www.msn.com/en-us/money/markets/200-billion-in-frozen-russian-assets-could-help-rebuild-ukraine-europe-is-trying-to-figure-out-how/ar-AA1ddycO

$200 billion in frozen Russian assets could help rebuild Ukraine
https://edition.cnn.com/videos/business/2023/06/30/exp-russia-assets-anna-stewart-live-fst-063009aseg2-cnni-business.cnn

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